{"id":608,"date":"2021-05-08T08:52:13","date_gmt":"2021-05-08T15:52:13","guid":{"rendered":"https:\/\/hispanabella.com\/?p=608"},"modified":"2021-07-27T21:45:38","modified_gmt":"2021-07-28T04:45:38","slug":"how-to-be-financially-savvy-during-hard-times","status":"publish","type":"post","link":"https:\/\/hispanabella.com\/how-to-be-financially-savvy-during-hard-times\/","title":{"rendered":"How to be Financially Savvy During Hard Times"},"content":{"rendered":"<p>Hola bellas! In life, we go through good times and bad times. When we\u2019re going through difficult times, it seems like they\u2019re never going to end, but the good thing is that bad times do not last forever! Have some of you experienced losing a job or someone in your family losing a job? Those times can be extremely stressful, but It is especially important to know how to be financially savvy during hard times.<\/p>\n<h3>How can you be financially savvy during hard times? Here are some of our recommendations:<\/h3>\n<ul>\n<li><strong>Cut costs as much as possible<\/strong>\n<ul>\n<li>Did you go on a beauty haul shopping spree or buy tons of clothes? (which no longer fit in your closet? ;)). During this time, you can use the makeup and clothing you already have. It would be a good time to clean your closet. You might realize you have more clothes than you thought. Also, if you\u2019re getting emails notifying you of sales, you can unsubscribe from these emails so that you don\u2019t get tempted to purchase something because it\u2019s on sale. Take the time to look at where you\u2019re spending your money. Look at your credit card activity for the past three months to see where most of your money has gone. If you did not use your credit card and paid in cash, look at your receipts to see where you spent your money.<\/li>\n<li>Maybe you went out a lot? This would be the perfect time to stay in more! You can make it fun and have movie nights at home or catch up on all your favorite <a href=\"https:\/\/www.netflix.com\/\" target=\"_blank\" rel=\"noopener\">Netflix<\/a> shows or <em>telenovelas<\/em> (soap operas). It will also save you money on gas since you won\u2019t be driving anywhere.<center><iframe loading=\"lazy\" src=\"\/\/giphy.com\/embed\/oenruB2DKC7p6\" width=\"480\" height=\"307\" frameborder=\"0\"><\/iframe><\/center><\/li>\n<li>Did you spend most of it on dining out? This is a great opportunity to eat-in. You can save a lot of money, and it can also be beneficial to your health because usually, home meals are healthier than takeout.<\/li>\n<li>Maybe you realized you\u2019ve spent too much money on Starbucks coffee. You can start brewing your coffee at home, or you can buy instant coffee to save <em>mucho dinero<\/em>.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<center><iframe loading=\"lazy\" src=\"\/\/giphy.com\/embed\/1oKjCzdnatyyMxkdxF\" width=\"480\" height=\"480\" frameborder=\"0\"><\/iframe><\/center><\/li>\n<\/ul>\n<\/li>\n<li><strong>Stick to your budget<\/strong>\n<ul>\n<li>Create a budget and stick to it! Add all of your bills expenses and make sure to include a savings category. Use <a href=\"https:\/\/hispanabella.com\/budget-template\/\">Hispana Bella&#8217;s budget template<\/a> to get started.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Buy things when they&#8217;re on sale<\/strong>\n<ul>\n<li>Nowadays, with the internet, we have the advantage of being able to search for sales and good deals online. If you&#8217;re interested in buying an item, do research online and see what store has it at the best price. Also, always search for a promo code!<\/li>\n<\/ul>\n<\/li>\n<li><strong>Look for additional sources of\u00a0<\/strong><b>income<\/b>\n<ul>\n<li>Maybe you can walk dogs or babysit in your free time. If you want to work from home, you can also consider doing freelancing or other work online.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li><strong>Avoid using your credit cards so that you don\u2019t pay high-interest rate<\/strong><\/li>\n<li><strong>Contact your creditors (mortgage lenders, car lenders) and credit card companies<\/strong>\n<ul>\n<li>Let them know that you\u2019ve lost your job; some of them can work with you to delay or suspend payments.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>By being financially savvy, you can save lots of money! Remember, don\u2019t get discouraged, we all go through some tough times, but most of the times they\u2019re short-lived. <em>\u00c9chale ganas, tu puedes!<\/em> (Put some effort into it, you got this)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hola bellas! In life, we go through good times and bad times. When we\u2019re going through difficult times, it seems like they\u2019re never going to end, but the good thing is that bad times do not last forever! Have some of you experienced losing a job or someone in your family losing a job? Those [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/hispanabella.com\/wp-json\/wp\/v2\/posts\/608"}],"collection":[{"href":"https:\/\/hispanabella.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanabella.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanabella.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanabella.com\/wp-json\/wp\/v2\/comments?post=608"}],"version-history":[{"count":0,"href":"https:\/\/hispanabella.com\/wp-json\/wp\/v2\/posts\/608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanabella.com\/wp-json\/wp\/v2\/media\/1040"}],"wp:attachment":[{"href":"https:\/\/hispanabella.com\/wp-json\/wp\/v2\/media?parent=608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanabella.com\/wp-json\/wp\/v2\/categories?post=608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanabella.com\/wp-json\/wp\/v2\/tags?post=608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}